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724 LEEWARD PASS, LEANDER, TX 78641

LEANDER, 78641 — williamson County

5 bed4 bath1,671 sqftBuilt 2022

Property at a Glance

This home is estimated between $441,730 and $601,180, with a best estimate of $449,909. That places the property below the L222421C - HORIZON LAKE R5 median of $645,588, in a neighborhood that declined 0.7% over the past year.

Estimated Value Range

$441,730 $601,180
Best Estimate
$449,909
WCAD Value
$599,554
Low Confidence

Based on 5 comparable properties(2 in the same subdivision)

There are 5 comparable properties within range, but few are in L222421C - HORIZON LAKE R5. The estimated range of $441,730 and $601,180 should be treated as a rough guide.

Comparable Properties (5)

513 LEEWARD PASS, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
5 bed 4 bath 1,963 sqft Built 2022
Raw Value $689,053
Adjusted Value $589,966

Adjusted -$99,087 for 292 sqft less living space. Net adjustment: -$99,087.

5 bed 4 bath 1,787 sqft Built 2023
Raw Value $481,093
Adjusted Value $441,730

Adjusted -$39,363 for 116 sqft less living space. Net adjustment: -$39,363.

700 LEEWARD PASS, LEANDER, TX 78641
0.00 mi 100% similar Same subdivision
5 bed 4 bath 1,835 sqft Built 2022
Raw Value $656,832
Adjusted Value $601,180

Adjusted -$55,652 for 164 sqft less living space. Net adjustment: -$55,652.

5 bed 4 bath 1,766 sqft Built 2024
Raw Value $480,661
Adjusted Value $448,424

Adjusted -$32,237 for 95 sqft less living space. Net adjustment: -$32,237.

5 bed 4 bath 1,763 sqft Built 2023
Raw Value $481,128
Adjusted Value $449,909

Adjusted -$31,219 for 92 sqft less living space. Net adjustment: -$31,219.

The Neighborhood

This home is valued 7.1% below the L222421C - HORIZON LAKE R5 median of $645,588. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 0.7% over the past year.

L222421C - HORIZON LAKE R5

typical
180 Properties
$645,588 Median Value
-0.7% YoY Change
0% Have Pool
100% Have Garage
This Home
$599,554
Median
$645,588

This home is -7.1% below the subdivision median.

Tax Analysis

The estimated annual property tax is $12,221 across all districts. With a homestead exemption claimed, that drops to $10,564 — saving $1,657 per year. That's $880 per month a buyer should budget. The assessed value increased roughly in line with the neighborhood, so a tax protest is unlikely to yield significant savings.

Tax Districts

DistrictTypeRateAnnual Amount
Leander ISDSchool1.0869%$6,517
LeanderCity0.4173%$2,502
Williamson CountyCounty0.3694%$2,215
Austin Community Collegespecial0.1034%$620
Williamson County FM/RdCounty0.0443%$266
Upper Brushy Creek WCIDWater0.0170%$102
Williamson Central Appraisal Districtcad0.0000%$0
Tax District (T05)other0.0000%$0
Total Annual Tax2.0384%$12,221

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $449,909 would pay approximately $2,808 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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